Data was last updated 2022-09-07 at 17:20:06 GMT
$24,900

6843 Temple Drive NE   Calgary, Alberta

MLS®: A1256822
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PLEASE READ IN FULL BEFORE CALLING !!!! Selling a half equity stake in this property. YOU WILL NOT GET POSSESSION... YOU WILL NOT BE MOVING IN WITH CURRENT OWNER. Here is the math. Last known amount owing on CIBC mortgage was 230K. Current Value of home in its current condition would be about 350. Therefore... equity in house is approx. 350-230=120K. We are selling half of this equity for only 24,900. Renovated value on this home would easily be 400K. Owner is an unwilling seller with a debt owing to another financial institution other than the mortgage holder. You would then own half the equity... so a value of about 60K for only 25K ask. You would then register your lien and interest on title and wait it out... wait for the current owner to sell or go into default... you are on title then you swoop in and pay out the mortgage and have a whole house for balance owing on mortgage plus whatever you buy this for. You park some money here for a future profit. For a very clear understanding of what you are buying.. text us for a copy of the offer to purchase
PLEASE READ IN FULL BEFORE CALLING !!!! Selling a half equity stake in this property. YOU WILL NOT GET POSSESSION... YOU WILL NOT BE MOVING IN WITH CURRENT OWNER. Here is the math. Last known amount owing on CIBC mortgage was 230K. Current Value of home in its current condition would be about 350. Therefore... equity in house is approx. 350-230=120K. We are selling half of this equity for only 24,900. Renovated value on this home would easily be 400K. Owner is an unwilling seller with a debt owing to another financial institution other than the mortgage holder. You would then own half the equity... so a value of about 60K for only 25K ask. You would then register your lien and interest on title and wait it out... wait for the current owner to sell or go into default... you are on title then you swoop in and pay out the mortgage and have a whole house for balance owing on mortgage plus whatever you buy this for. You park some money here for a future profit. For a very clear understanding of what you are buying.. text us for a copy of the offer to purchase

Listing Information

Prop. Type:
Detached
Property Style:
3 Level Split
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
3
Neighbourhood:
Temple
Area:
Calgary
Province:
Alberta
MLS® Number:
A1256822
Listing Price:
$24,900

General Information

Year Built:
1980
Total Square Feet:
1115ft2

Additional Information

Basement Dev:
Partial, Partially Finished
Parking:
Double Garage Attached

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This property is listed by Royal Lepage Benchmark and provided here courtesy of Bryan Logel. For more information or to schedule a viewing please contact Bryan Logel.
Bryan Logel
RE/MAX Real Estate (central)
Phone: 403-216-1600
Mobile Phone: 403-803-5740
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.